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a bus. first bombing inside that city since 2006 in tel aviv. hillary clinton announced the temporary truce after a day packed with shuttle diplomacy. the deal came after meeting with israeli prime minister netanyahu. palestinian president abbas, egyptian president morsi and foreign minister and head of theu.n. and leader of the arab league behind closed doors. >> this is a critical moment for the region. egypt's new government is assuming the responsibility and leadership that has long made this country a cornerstone of regional stability and peace. >> we start with nbc's jim macedo in cairo. who what are the details? >> reporter: well, steve, most importantly, starting at 2:00 p.m. as you mentioned israel stops all military action in israel and hamas stops launching rockets on israel and carrying out border attacks on israeli troops but this is the key thing. there is no signed formal agreement here. instead, israel and hamas reached an understanding, a kind of exchange of quiet for quiet. the first phase of a broader agreement. that should be followed by more intense negotiations,
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